New Delhi, Aug 11 (PTI) India Inc today said the Economic Survey has rightly reflected a "combination of optimism and anxiety" towards the countrys growth outlook. Industry bodies CII, FICCI and Assocham also hailed steps taken by the government to resolve the "twin balance sheet" problem. The deflationary impulses in the economy need to be countered through all possible policy levers as identified in the Economic Survey, FICCI said. "The survey rightly pin pointed moderation in growth in industrial output as also services, the key drivers of the economy. Both these sectors need some immediate steps like resolution of the bank NPAs and a pragmatic approach for the twin balance sheet problem," he added.

Source: India Today August 11, 2017 12:45 UTC